Canadian Labour Congress

Canadian Labour Congress

February 17, 2005 15:32 ET

It's time to invest in Canada again!

Attention: Business/Financial Editor, City Editor, News Editor, Government/Political Affairs Editor OTTAWA--(CCNMatthews - Feb. 17, 2005) - The Canadian Labour Congress today applauded the release of the tenth Alternative Federal Budget (AFB) of the Canadian Centre for Policy Alternatives.

The AFB has been consistently more accurate than the federal government in forecasting fiscal surpluses, and this year's document again shows that the money is available to Canada's Finance Minister, Mr. Ralph Goodale, to finance an ambitious, progressive social investment agenda while still balancing the books.

"Once again, this shows that the policy agenda of working citizens and their families is reasonable and practical. We can choose to create more and better jobs, to further social justice, and to move in a meaningful way towards a more sustainable economy. It is possible to make a difference in people's lives," says Ken Georgetti, president of the Canadian Labour Congress.

It will surprise many Canadians to discover that federal government spending on social programs and public services is lower as a share of the economy today than it was when the Liberals eliminated the deficit in 1997. Over the past few years, the government chose to use growing budget surpluses to deliver big tax cuts to corporations and high-income earners and to pay down debt (by more than $60 Billion).

Now is the time to seriously address pressing real deficits - an EI program that doesn't deliver benefits to most of the unemployed; no national child care and early learning program for working families and their children; worries about the security of retirement incomes; the need to create sustainable family-supporting jobs, and the ability to face the challenges of climate change and global poverty.

The Canadian Labour Congress, the national voice of the labour movement, represents 3 million Canadian workers. The CLC brings together Canada's national and international unions along with the provincial and territorial federations of labour and 137 district labour councils. Web site: /For further information: Jeff Atkinson, 613-526-7425 or 613-863-1413/ IN: LABOUR

Contact Information

  • Jean Wolff, Director of Communications Department, Canadian Labour Congress
    Primary Phone: 613-526-7431
    Secondary Phone: 613-878-6040